According to PANews, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, warned that 61 listed companies hold a total of 673,800 bitcoins, accounting for 3.2% of the total supply. If the price of bitcoin falls below the average purchase price by 22%, it may trigger forced selling by companies.
The report pointed out that Strategy (MSTR) holds 580,000 of them, accounting for the vast majority. If Bitcoin falls back below $90,000, half of the companies' holdings will face the risk of losses. Although the current wave of Bitcoin corporate holdings has pushed up buying pressure, it has also buried potential selling risks.